8314 S Paulina ST, Chicago, IL 60620
8314 S Paulina ST, Chicago, IL 60620
8314 S Paulina ST, Chicago, IL 60620
37
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$600,000
Est. payment /mo
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11 Beds
5 Baths
Active Under Contract

8314 S Paulina ST Chicago, IL 60620

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John Barnak III

John Barnak III

+1(630) 439-6385

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12760475

Bedrooms 11

Year Built 1926

Annual Tax Amount $5,418

Tax Year 2025

Lot Dimensions 50 x 124

Property Sub-Type Two to Four Units

Property Description

Turnkey investment opportunity in the heart of Auburn Gresham. This brick 4-unit is a smart buy in an up-and-coming and appreciating neighborhood. Two three-bedroom and two two-bedroom units, all occupied and all on month-to-month leases, so the next owner can move rents to market rate right away. Current rents are below market with plenty of upside for the savvy buyer. Rehabbed in 2024 with improvements made in 2026. Finished basement clubhouse with an additional bedroom, full bath, in-building laundry, and storage area gives tenants multiple reasons to stay, reducing turnover. Four exterior parking spaces. Whether you are looking to live in one unit and grow your equity, or add a property that earns from day one to your portfolio, this is a fantastic opportunity that builds generational wealth. Do not disturb tenants.

Location

State IL

County Cook

Area Chi - Auburn Gresham

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Darryl Toney of  Jason Mitchell Real Estate IL 

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John Barnak III

John Barnak III

Broker License ID: 471019889

+1(630) 439-6385

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8314 S Paulina ST

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